FuboTV Extends Gains, Plans Move into Sports Betting
Repeat ripper FuboTV is back and ripping. The sports-centric TV streaming platform, which is planning a move into sports betting, has extended its massive gains for the year this week with a 40% run. $FUBO, which IPOed in October, has now run over 270% in the last two and a half months. Learn more about FuboTV’s plans of expansion into live sports streaming services in our new video with their CEO David Gandler: https://www.youtube.com/watch?v=rfYAjJwWY0A. Despite what everyone expected, the biggest IPO of December wasn’t Airbnb or DoorDash. It was a lesser known enterprise AI company called C3.ai. $AI has gone on a 40% run since it listed on Dec. 9. The company helps facilitate predictive analytics, big data insights and internet of things applications through its robust software stack. The company ripped 17.4% in trading today. Today’s biggest Ripper is seeing green after one of its biggest investments is being acquired by – you guessed it – a SPAC. $CURO, which owns 40% of Katapault, will receive a $365 million payout with an option to receive $30m more in shares in the newly formed company. $CURO has jumped 88.7% since FinServ Acquisition Group announced its intention to acquire Katapault Holdings. Katapault, which provides ecommerce point-of-sale lease purchase options, will immediately begin trading as $FSRV.
FuboTV is the leading sports-first, live TV streaming platform, offering subscribers access to tens of thousands of live sporting events annually as well as leading news and entertainment content.fuboTV’s platform allows customers to access content through streaming devices, and on SmartTVs, mobile phones, tablets and computers. fuboTV Pre-Merger launched in 2015 and today is a leading independent virtual multichannel video programming distributor, or vMVPD, in the United States.fuboTV Pre-Merger closed 2019 with approximately 316,000 paid Subscribers. Over the course of 2019, fuboTV Pre-Merger’s paid Subscribers and free trial Users streamed a total of 299 million hours of content on our platform, a 210% increase over 2018.Furthermore, fuboTV Pre-Merger’s MAUs are highly engaged and have watched on average 140 hours of content per month during the three months ended June 30, 2020. (From: StockAnalysis.com)